Billabong said Monday it will consider a revised Aus$765.3 million (U.S. $825.3 mm) takeover offer from U.S. private-equity firm TPG Capital. TPG made an offer of the same value early last week, but that proposal precluded asset sales. The initial offer w
Category: Outdoor
PR Vets Partner, Sign up Two New Clients
What's UP Public Relations and SOAR Communications have partnered to share assets and abilities to best serve new clients, including the new accounts of Scandinavian apparel-maker Bergans of Norway and startup premium sport trailer manufacturer Road
Lack of Snow Finally Catches up with Ski Resort Occupancy, Reservations
Occupancy at ski resort properties declined 3.7 percent in January from year earlier levels, while reservations taken during the month for the January through June period plunged nearly 24 percent, according to Denver-based Mountain Travel Research Progra
Gramicci Hires Western Region Account Manager
Gramicci has hired Moss Bemis to be its western region account manager as part of a company wide sales and service expansion initiative. Bemis will be managing the business in California, Arizona, New Mexico and Nevada..
OIA VantagePoint: Slower January Ends Solid Fiscal 2012
Outdoor Industry Association® and The SportsOneSource Group released the January 2012 OIA VantagePoint™ Outdoor Industry Monthly Trend Report, which caps off the fiscal year with some complex results — mostly due to the unusually late and tame onset of wi
Triathletes Come in Four Flavors, New Research Says
Triathletes can be divided into four segments based on experience and motivation, according to a study released at the Triathlon America conference at the Rancho Bernardo Inn in San Diego, CA. They include…
Haiku by Sharon Eisenhauer Names Reps of the Year
Haiku by Sharon Eisenhauer, creator of poetically functional accessories for women, is proud to announce the Sales Rep of the Season Awards to Jodee Manfred of the Rockies territory and Kate Alexander of Alaska. The awards were presented at Outdoor Retai
Bianchi Buys Signficant Minority Stake in SOLA of Australia
Italian bicycle maker FIV Edoardo Bianchi SpA has acquired a significant minority stake in Sport Outdoor Leisure Australia Pty Ltd ( SOLA ), its exclusive distributor in Australia and one of Australia’s most prominent distributors of outdoor brands
Pon Holdings Acquires Cervélo
Pon Holdings announced Friday that it had acquired Cervélo Cycles of Toronto, after successfully concluding negotiations that began last December. Cervélo co-founders Phil White and Gerard Vroomen will both…
Scott Sports Names Eastern Field Marketing Rep
Scott Sports hired Nathan Sibly for the eastern region field marketing position. Sibly is a 20 year veteran in the Bicycle Business and brings with him an extensive knowledge of the Retail environment and cycling products…
Billabong Sells Minority Stake in Nixon, Spurs Takeover Offer
Billabong has sold a 48.5 percent share of its Nixon brand to the private equity firm Trilantic Capital Partners, will close up to 150, or 20 percent, of its stores and slash its dividend in a bid to strengthen its capital structure. The Australian compan
MEC Hires Direct Marketing Manager
Mountain Equipment Co-op (MEC) hired Allison Brownlie as its new direct marketing manager. Brownlie joins MEC from MBNA Canada, where she led the card services provider’s direct marketing and customer acquisition strategies…
Billabong Profits Tumble in First Half
Billabong International Ltd. reported earnings slid 71.8 percent in its fiscal half ended Dec. 31 to Australian $16.1 million (U.S.$16.4 mm) from $Aus57.2 million a year earlier. Excluding an after-tax impact of an impairment charge expense of Aus$15.0 mi
Golfsmith Promotes Sue Gove to President
Golfsmith International Holdings, Inc. announced that Sue E. Gove has been appointed president of the company, in addition to maintaining her role as chief operating officer and chief financial officer…
Warm Weather No Problem for VF Corp.
VF Corp. reported profits for the fourth quarter on an adjusted basis jumped 34 percent, benefiting from the acquisition of Timberland Co. as well more than 20 percent growth for The North Face and Vans brands…
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